215 South Federal Highway, Unit FRONT & BACK

Lake Worth Beach, FL 33460

$699,000
Price
Beds
2,257 Sq. Ft.
$310 / Sq. Ft.
2,257
Sq. Ft.
$310
per Sq. Ft.

Description

Two separate buildings on opposite sides of the nearly 7000 sq ft lot with plenty of parking between. Listing may include virtually enhanced photos. Zoning MU-E MIXED USE EAST (38-LAKE WORTH BEACH) (see Documents) makes it even more versatile.. Front is a big 3 bed 1 bath historic, updated to Period with a fireplace & other charming features. Back is concrete 2 bed, 1.5 baths, with 2 inch thick granite countertops, completely remodeled. Lake Worth Beach has its own power generation and RO water treatment...Two separate buildings on opposite sides of the nearly 7000 sq ft lot with plenty of parking between. Listing may include virtually enhanced photos. Zoning MU-E MIXED USE EAST (38-LAKE WORTH BEACH) (see Documents) makes it even more versatile.. Front is a big 3 bed 1 bath historic, updated to Period with a fireplace & other charming features. Back is concrete 2 bed, 1.5 baths, with 2 inch thick granite countertops, completely remodeled. Lake Worth Beach has its own power generation and RO water treatment plant; you can drink out of the taps. Currently at an annual GRI of $49,680.00 (annual leases; could easily be more than tripled for short term Rentals. 3 blocks from the Intracoastal Waterway and bridge to the beach! Leave the car at home and LOVE WHERE YOU LIVE!
  1. Listed by Jane E Thomas • Coldwell Banker Realty

Property Details for 215 South Federal Highway, Unit FRONT & BACK

Subdivision
LAKE WORTH TOWN OF
Waterfront
No
Waterfront Details
None
View
City
Style
No Pool/No Water
LISTING UPDATED: 11/21/2024 01:16 PM

Property Details for 215 South Federal Highway, Unit FRONT & BACK

StatusActive
MLS #RX-11037277
Days on Market6
Taxes$8,263 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1926
Lot Size0.16 AC / 6,969 SF
CountyPalm Beach County

Building Information for 215 South Federal Highway, Unit FRONT & BACK

Stories1Residences2Year Built1926Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 215 South Federal Highway, Unit FRONT & BACK

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Between 2nd & 3rd Aves S in Lake Worth Beach; 3 blocks from Bryant Park on ICW, 4 blocks from Lake Worth bridge, 21/2 blocks from Lake Ave & downtown
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Street Number: 215
  • Subdivision Complex Bldg: LAKE WORTH TOWN OF
  • Municipal Code: Lake Worth Beach
  • State: FL
  • City Postal ID: 33460
  • MLS Area: 5610
  • MLS Sub Area: PB16
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: None
Property
Lot Information
  • Area: 5610
  • HOA Amenities: None
  • Lot Description: Freeway Access, Public Road, Sidewalks
  • Lot Dimensions: approx 51' x 136.5'
  • Parcel ID: 38434421150930120
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 2,257
  • Square Ft Source: Tax Rolls
  • Zoning: MU-E--MIXED USE
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LT 12 BLK 93
  • Sq Ft Liv Area: 2257.0
  • Legal Description: TOWN OF LAKE WORTH LT 12 BLK 93
Utilities
  • Utilities: Electric, Gas Natural, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick, Frame Construction
  • Exterior Features: Room for Pool
  • Private Pool: No
  • Storm Protection: Other Protection: Complete
  • Subdiv Amenities: Bike - Jog, Fitness Trail, Sidewalks, Street Lights
  • Gated Community YN: No
  • Structure Type: Duplex
Interior Features
  • Roof: Comp Shingle, Tar/Gravel
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Central
  • Flooring: Tile, Vinyl Floor, Wood Floor
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $.00
  • Income & Expenses: Annual Total Expense: $.00
  • Income & Expenses: Gross Operating Inc: $49,680.00
  • Tenant Pays: Cable, Electric, Gas
Unit 1
  • Unit 1 Desc: Dryer, Electric Meter, Range - Electric, Refrigerator, Stack Bedrooms, Volume Ceiling, Washer
  • Unit 1 Info: Bedrooms: 3
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Lease Ends: 08-05-2025
  • Unit 1 Info: Monthly Income: 2,145
  • Unit 1 Info: SqFt: 1377.0
  • Unit 1 Parking: Space Parking
Unit 2
  • Unit 2 Desc: Dryer, Electric Meter, Microwave, Range - Electric, Refrigerator, Washer
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Half Bath: 1
  • Unit 2 Info: Monthly Income: $1,995
  • Unit 2 Info: SqFt: 880.0
  • Unit 2 Parking: Space Parking
Rental
Rental Information
  • Pets on Premises: Yes

Property History for 215 South Federal Highway, Unit FRONT & BACK

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 215 South Federal Highway, Unit FRONT & BACK

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
South Grade Elementary School
PublicPK to 5

Lake Worth Community Middle School
Public6 to 8

Lake Worth High School
Public9 to 12

Palm Beach Maritime Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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215 South Federal Highway, Unit FRONT & BACK is a multi-family home for sale in Lake Worth Beach, FL 33460. This property was listed for sale on November 15, 2024 by Coldwell Banker Realty, it's currently listed at $699,000. This listing's school district is Palm Beach. Nearby schools include South Grade Elementary School, Lake Worth Community Middle School and Lake Worth High School. 215 South Federal Highway, Unit FRONT & BACK is a 0-bed, 0-bath, 2,257 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.